The challenges of a high net worth divorce

When high net worth individuals decide to divorce, there are many questions to answer. Many of these will be based around who gets what. The primary challenge of a high net worth divorce is the amount and value of property that needs to be divided. With both parties fighting tooth and nail for what they think they deserve, things can get messy in no time.

Along with the above, alimony often comes into question. This is particularly true if one person was responsible for earning most or all of the money during the marriage.

What about business interests? This is a common concern during a high net worth divorce. If one party owns a business, the other person may think they have a right to a percentage of it. If both people own the business together, there are even more questions to answer.

When substantial assets are at the forefront of a divorce, there is always the chance that the process could drag on for many months or longer.

Regardless of what happened in the past, you need to put yourself in position for a better future. This means acting quickly and in the appropriate manner from day one.

Our Texas attorneys understand the challenges of a high net worth divorce. We are here to answer your questions and help you get the property to which you are entitled.

If you have any questions or concerns, you can learn more on our website. You can also contact us online or via phone for information and advice pertaining to your particular situation.

By Conner & Lindamood, P.C. | Posted on February 22, 2016Tags: Family Law

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

No content on this site may be reused in any fashion without written permission from www.lawcl.com